JPMorgan Securities’ Joyce Chang has said that blockchain technology is still far from reaching institutionalization. Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an […]
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Most of the top 20 cryptocurrencies are reporting slight to noteworthy gains as Bitcoin breaks the $3,450 mark. Friday, Feb. 8 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) breaking the $3,450 mark again, according to Coin360 data. Market visualization from […]
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Global investment bank Credit Suisse and Banco Best completed end-to-end fund transactions on blockchain. Global investment bank Credit Suisse and Portuguese Banco Best have completed end-to-end fund transactions on blockchain, according to a press release published Feb. 7. The financial institutions have reportedly processed every part of the fund trade process by implementing a blockchain-based […]
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The Ethereum Foundation has refuted alleged plans to spend $15 million on the development of Verifiable Delay Functions. The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation […]
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Japan’s financial regulator has revealed that in Q4 2018, the number of enquiries on crypto continued to decline. Japan’s financial regulator has released Q4 2018 data on the number of enquiries about cryptocurrencies, showing further declines. The Financial Services Agency’s (FSA) report was published today, Feb. 8. The FSA, which is responsible for overseeing the […]
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The Italian House of Representatives approved a bill that defines distributed ledger technologies such as blockchain The Italian House of Representatives has approved a bill defining distributed ledger technologies (DLT) such as blockchain, Cointelegraph Italy reported on Feb. 7. With 275 votes in favor, 206 against and 27 abstentions, the bill dubbed “Semplificazioni” has moved […]
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Smart contracts are no problem for international law, but only when they behave like legal contracts. Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the […]
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Leading South Korean cryptocurrency exchange Bithumb follows major exchanges in opening an OTC trading desk. South Korea’s major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7. Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus […]
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The apparently fraudulent website failed to scam crypto investors after announcing a fake additional funding round in BTC. A new Bitcoin (BTC) scam website representing digital assets platform Bakkt has appeared on the internet, with its domain “bakktplatform.io” registered on Jan. 31. The fake Bakkt website claims that the launch of the platform will take […]
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A forthcoming interview with a U.S. securities representative sees possible positive news about the future of a Bitcoin ETF. A Bitcoin (BTC) exchange-traded fund (ETF) will most likely ultimately gain approval from the United States securities regulator, according to a commissioner. The comments were reported by political journal Congressional Quarterly in a forthcoming interview leaked […]
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